Capstone will provide sophisticated and creative legal counsel focusing on the real estate and general corporate law needs of emerging to middle-market companies. Through Capstone I hope to create a true partnership with my clients by completely discarding the traditional billable hour model and providing a personal touch.

Capstone will provide an occasional communiqué summarizing trends in the real estate industry, both in Philadelphia and beyond.

For example:

The retail real estate market in Center City is booming, especially along the Walnut Street and Chestnut Street corridors. Strong population growth in Center City and surrounding areas — fueled by both the baby boomers and young professionals — enables Center City to attract retail tenants that once only headed for suburban malls. Rumor has it Bloomingdale’s may even open near Market East, giving me both a very happy wife and a much lighter wallet!

Is Philly turning into New York? The multifamily market in Center City reaches such robust levels that developers are creating the once unthinkable here: micro apartments of a meager 352 square feet for almost $1,400 per month!

Meanwhile in the suburbs, the Montgomery County Redeveloping Authority seeks developers for three high-profile properties in Conshohocken. At what price will these properties ultimately trade and will they create a material impact on this suburban office hub?